"IMO - I use, although awkward, Dear XYZ Residence. The reason is I've received complaints in the past if spouses were divorced or someone passed away. Seriously."
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I need advice for letters to expired short sales
Started this discussion. Last reply by Wendy Rulnick Mar 13. 4 Replies 0 Likes
I'm thinking expired short sales might be a good prospect. I'm writing a series of letters to short sales that expired since November but still have not relisted thinking maybe they took it off for…Continue
Where can I buy lists of 60, 90 Day Late Homeowners?
Started this discussion. Last reply by Eric Simkin Jan 25. 3 Replies 0 Likes
I have read people's posts about buying lists of homeowners 60 and 90 days late. This seems better than waiting until everyone knows about the NOD which I can find on Foreclosure Radar. Does anyone…Continue
Do you know a CA attorney who agrees to be paid by bank in escrow?
Started this discussion. Last reply by Thom Colby 888-391-5245 CA Brkr Jan 24. 3 Replies 0 Likes
Does anyone know of a good California real estate attorney who would be willing to consult/advise a seller on a short sale, and be paid by the bank on the HUD through escrow? This attorney would not…Continue
Have you used CAR's Short Sale Assistance Desk w/Fannie Mae loans?
Started this discussion. Last reply by Thom Colby 888-391-5245 CA Brkr Jan 22. 6 Replies 0 Likes
I was just poking around on the California National Association of Realtors (CAR) website and I saw the Short Sale Assistance Desk (SSAD) in conjunction with Fannie Mae. Supposedly you are…Continue
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Jeff Payne replied to Shari P's discussion I need advice for letters to expired short sales"First name is more personal to me. I would use first name."
Shari P replied to Shari P's discussion I need advice for letters to expired short sales"As for the letters...what do you think...Dear Mr. X or Dear First Name?
"
Jeff Payne replied to Shari P's discussion I need advice for letters to expired short sales"One way to think of it is
Mail, Call and then See, in any order. Keep in mind that they probably get all sorts of mail and all may look like bill collectors to them. I know of one of our experienced agents here that does door knocking…"
Shari P posted a discussionI need advice for letters to expired short sales
I'm thinking expired short sales might be a good prospect. I'm writing a series of letters to short sales that expired since November but still have not relisted thinking maybe they took it off for the holidays or they were trying to get a loan mod. Has anyone tried this approach? So far I have written about 50 local ex-sellers. I have culled advice from this board for the letters but have a couple of questions:Do you address the owners "Mr. X" or by their first name? Is it offensive to use a…See More
Shari P replied to Jeanine Whitehead's discussion How to get the smaller deals closed"Some deals we make more money, some deals we make less money. I know what you mean because I've worked on a $70k listing for almost a year now and finally got approval on Friday (yea!) and I'm happy to finally getting paid for it."
Eric Simkin replied to Shari P's discussion Where can I buy lists of 60, 90 Day Late Homeowners?"I buy opt in internet leads but they are often far more than 60-90 days delinquent. What state(s) are you interested in?"
Gloria Handley replied to Shari P's discussion Where can I buy lists of 60, 90 Day Late Homeowners?"I buy mine from foreclosureu.com. They were very helpful and gave me just what I asked for. I think I bought 300 and out of that I got 2 short sales and 3 buyers from my signs. Don't expect huge numbers but I got probably 5 calls…"
Thom Colby 888-391-5245 CA Brkr replied to Shari P's discussion Do you know a CA attorney who agrees to be paid by bank in escrow?"There are many attorneys that consult with sellers abotu short sales. It really is typical attorney work and has nothing to do with the escrow. Typical costs are $250 - $275 / hour. Bankruptcy attorneys do this sort of work."
Thom Colby 888-391-5245 CA Brkr replied to Shari P's discussion Where can I buy lists of 60, 90 Day Late Homeowners?"Go to your favorite local Title Company - they all have methods for you to buy this date from them. They cannto "give it" to you but you can buy it for a relatively nominal amount."
Shari P replied to Shari P's discussion Do you know a CA attorney who agrees to be paid by bank in escrow?"It would be above the commission. It wouldn't be a big number--probably $250 just for a consultation. If the bank wouldn't pay I would be willing to have it come out of my share of commission. My biggest concern is not having the…"
Brian Avery replied to Shari P's discussion Do you know a CA attorney who agrees to be paid by bank in escrow?"I am sure a some attorneys may be willing to get paid out of escrow, but would this be above the 6% commission to the Realtor? The bank may not allow it? "
Shari P commented on Wendy Rulnick's group Law"Does any one know a good CA attorney that will spend an hour to consult/advise a seller (not process the entire short sale) and agree to be paid by the bank on the HUD in escrow?"
Shari P replied to Rick Trono's discussion No LUCK with Short Sale Mailings"I discovered our company has a great negotiator--we have a huge company so it took some searching but I spoke to him and I think we will work well together. He closed 50 last year and 45 the year before and our in-house counsel also recommends…"
Shari P replied to Shari P's discussion Have you used CAR's Short Sale Assistance Desk w/Fannie Mae loans?"Geeze, shows you how much I pay attention to my assocation!
That's kind of crazy that CRMLS is not participating since that makes up almost the entire LA and OC area. Is it because it would overload the help desk? Or is it because CRMLS…"
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Comment Wall (2 comments)
- At 2:27pm on January 19, 2012, Kristi Service said…
Hello Shari! Thank you very much for the friend invite! I can work anywhere in Florida, licensed in this state only. I have a very high success rate and have closed well over 100 short sales. I represent the transaction and not just one party. Communication is key and I invite you to learn more about us at www.theservicefirm.com. We are different from most others, you will see that! We are here to serve those we work with and take the pain out of the process. THANKS Shari! If you are ever working with anyone in FL, let me know!
- At 2:16pm on January 19, 2012,
Donna McClelland said… Hi Shari!
Thanks for your inquiry! I've been doing short sale negotiations for almost two years now and have a 99% success rate. I reside in North San Diego county and do negotiations for agents in California and Arizona. I lived in AZ for two years and learned short sale negotiating at a law firm I worked for. I have my real estate broker's license there and have been a licensed realtor in CA for 9 years. I currently refer out all of my listing and buyer leads. I prefer to just do the short sale negotiations so I can focus and do the best job possible. Per the SAFE act and M.A.R.S. requirements for third party negotiators, I am a licensed loan originator and follow all of the M.A.R.S. rules.
Why don't you give me a call and we can talk? 760-807-1981 (If I don't answer, it's because I'm on the phone with a lender!) Donna
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